For the Centre for European Policy Studies (CEPS) and the Zentrum fur Europaische Wirtschaftsforschung (ZEW) - invited by EMPL to comment on the provisional findings of the study on 'The cost of non-Europe resulting from the absence of an unemployment insurance scheme for the euro area'(2) - such an EU scheme would have offered many advantages during the economic and financial crisis.

On 23 April, the Committee on Employment and Social Affairs (EMPL) amended the European Commission's initial proposal on the YEI in order to include young people between 25 and 30 years old in regions with an unemployment rate above 20%.

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